Indo Borax & Chemicals Dividend
Dividend criteria checks 5/6
Indo Borax & Chemicals is a dividend paying company with a current yield of 0.49% that is well covered by earnings.
Key information
0.5%
Dividend yield
8%
Payout ratio
| Industry average yield | 0.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | ₹12.15 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Indo Borax & Chemicals Limited (NSE:INDOBORAX) Surges 30% Yet Its Low P/E Is No Reason For Excitement
Jul 03
There May Be Reason For Hope In Indo Borax & Chemicals' (NSE:INDOBORAX) Disappointing Earnings
Jun 08Returns on Capital Paint A Bright Future For Indo Borax & Chemicals (NSE:INDOBORAX)
Feb 14Indo Borax & Chemicals Limited's (NSE:INDOBORAX) Shares Leap 29% Yet They're Still Not Telling The Full Story
Jan 07Should You Be Adding Indo Borax & Chemicals (NSE:INDOBORAX) To Your Watchlist Today?
Dec 21Indo Borax & Chemicals' (NSE:INDOBORAX) Dividend Will Be ₹1.00
Aug 11Do Indo Borax & Chemicals' (NSE:INDOBORAX) Earnings Warrant Your Attention?
Jul 25Investors Shouldn't Overlook Indo Borax & Chemicals' (NSE:INDOBORAX) Impressive Returns On Capital
Mar 29Not Many Are Piling Into Indo Borax & Chemicals Limited (NSE:INDOBORAX) Stock Yet As It Plummets 28%
Jun 01Stability and Growth of Payments
Fetching dividends data
Stable Dividend: INDOBORAX's dividends per share have been stable in the past 10 years.
Growing Dividend: INDOBORAX's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Indo Borax & Chemicals Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (INDOBORAX) | 0.5% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Chemicals) | 0.7% |
| Analyst forecast in 3 Years (INDOBORAX) | n/a |
Notable Dividend: INDOBORAX's dividend (0.49%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: INDOBORAX's dividend (0.49%) is low compared to the top 25% of dividend payers in the Indian market (1.11%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (8.2%), INDOBORAX's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (5.1%), INDOBORAX's dividend payments are thoroughly covered by cash flows.